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Vietnamese garment industry facing challenges from China, Myanmar

Related Keywords: and dying, attract foreign investment, develop smart garment and textile plants, fibre production, for 2018, fully exploiting domestic market, maintaining and developing key markets, mobilizing sources, participants proposed measures, proper policies should be devised, Seminar on prospect of Vietnamese garment exports, weaving

A seminar on the prospect of Vietnamese garment exports in 2018 held in Ho Chi Minh City on November 3 where participants at the seminar proposed measures such as fully exploiting the domestic market of more than 90 million people, and maintaining and developing key markets such as the US, EU, Japan, and the Republic of Korea, as well as other markets like ASEAN, Eurasian Economic Union, India, and Latin America.

Ministers roped in at Textile India to attract investment, boost industry

Related Keywords: attract foreign investment, boost domestic players, develop skills, focus on creating jobs, geo-textile fabrics, growth of natural fibre sector, Indian textile industry, Make in India, modernisation, on the final day of Textiles India, Prime Minister Narendra Modi, roped in to hard sell India, Seven union ministers

Seven union ministers were roped in to hard sell India on the final day of “Textiles India-2017” event, by Prime Minister Narendra Modi to attract foreign investment in the Indian textile industry and to boost domestic players urging them to focus on creating jobs.

Union Ministers M. Venkaiah Naidu, Nitin Gadkari, Ananth Kumar, Nirmala Sitharaman, Radhamohan Singh, Mahesh Sharma and Rajiv Pratap Rudy took part in different sessions at Mahatma Mandir and urged the players to help and support Prime Minister Narendra Modi’s Avision of “Make In India”.

WB recommends Sri Lankan apparel sector to enter into more trade pacts

Related Keywords: attract foreign investment, continue boost opportunites, diversify export destinations for existing products, enter into more trade agreements, Expand into new products, Increase integration with South Asia, reduce tariffs for the import of manmade fibres, Sri Lanka successful in establishing apparel manufacturing industry, World Bank recommends

Sri Lanka successful in establishing and growing its apparel manufacturing industry, can do more to realize its potential as a regional hub and to continue to boost opportunities, especially for women and the poor, according to a new World Bank report.

Vietnamese garment sector restructure in hope of TPP opportunities

Related Keywords: attract foreign investment, boost exports, implement initiative to restructure, increase localization, increase position of Vietnam, integration process, Minister of Industry and Trade, new generation agreement, Numerous production chains, Opportunities from TPP, put into operation, region and the world, Vietnamese garment sector, Vu Huy Hoang

The Vietnamese garment sector has implemented many initiatives to restructure itself to conform with the integration process, in anticipation of opportunities from the TPP a high quality new-generation agreement signed. According to Minister of Industry and Trade Vu Huy Hoang, the TPP will boost exports, attract more foreign investments and also increase the position of Vietnam in the region and the world.

Pakistan likely to strike business deals worth $700 million at Textile Asia expo

Related Keywords: attract foreign investment, B to B meeting, increase volume of export, international business community, Pakistan expect business deal, Textile Asia exhibition, upgrade and equip the local textile sector, with latest technology

The 14th Textile Asia Exhibition which began in Karachi, Pakistan at the Expo Centre, where former adviser to prime minister on Textile Industry Dr Mirza Ikhtiar Baig was the chief guest said that the country is expecting business deals worth $700 million.

Textile Asia expo have organized businessmen to businessmen (B to B) meetings among the local traders and foreign delegates at this mega event.

Thailand sees Bangladesh as next attractive investment destination

Related Keywords: attract foreign investment, attract Thai entrepreneurs, Bangladesh, bilateral trade, cheap labour, cost competitive, duty and quote free market, exploit business potential, export woven, grab local and global market, incentive package, knitted products, MCCI, promising sectors for investment, strategic location, textile and garment sector

Bangladesh has numerous promising sectors for investment due to its cost competitiveness, strategic location and the incentive packages offered by the government. This has attracted Thai entrepreneurs to invest in the country and exploit its colossal business potential for which Thai entrepreneurs are in talks with some of the Bangladeshi businessmen.

Chokedee Kaewsang, deputy secretary general of Thailand Board of Investment said that as part of the efforts, they held a discussion with the leaders of the Metropolitan Chamber of Commerce and Industry (MCCI) in Dhaka.

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